Edgewood Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Estee Lauder
EL
|
+$516M |
| 2 |
NVIDIA
NVDA
|
+$414M |
| 3 |
American Tower
AMT
|
+$289M |
| 4 |
Equinix
EQIX
|
+$254M |
| 5 |
Adobe
ADBE
|
+$240M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$1.16B |
| 2 |
Amazon
AMZN
|
+$727M |
| 3 |
CME Group
CME
|
+$272M |
| 4 |
Visa
V
|
+$172M |
| 5 |
Illumina
ILMN
|
+$95.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 27.61% |
| 2 | Communication Services | 14.87% |
| 3 | Technology | 13.35% |
| 4 | Healthcare | 13.32% |
| 5 | Consumer Discretionary | 13.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
76
VanEck Intermediate Muni ETF
ITM
$2.14B
| – | – |
-4,500
| Closed | -$210K | – |
|
77
Philip Morris
PM
$312B
| – | – |
-2,700
| Closed | -$220K | – |
|
78
Brookfield Real Assets Income Fund
RA
$644M
| – | – |
-12,476
| Closed | -$288K | – |
|
|
SRC
79
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| – | – |
-2,300
| Closed | -$93K | – |
|
80
DELISTED
NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
| – | – |
-22,000
| Closed | -$271K | – |
|
Similar funds
Edgewood Management's Q4 2018 Portfolio in Review
As of Q4 2018, Edgewood Management held 80 positions worth $24.3B, down 19% from $29.9B the previous quarter. Its ten largest holdings account for 56% of the portfolio.
Edgewood Management withdrew a net $803M in Q4 2018, closing 8 positions and reducing 37 holdings. Its most notable exit was Brookfield Real Assets Income Fund, an estimated $288K position sold in full.
By sector, the portfolio is most concentrated in Financials at 28% of assets, up from 25% a quarter earlier, followed by Communication Services and Technology.
Against the trend, Edgewood Management opened a new position in Estee Lauder worth $494M.
- Edgewood Management's largest Q4 2018 buy was Estee Lauder: 3,799,987 shares worth $494M.
- Edgewood Management added most to NVIDIA in Q4 2018, an estimated $414M increase.
- Edgewood Management's biggest Q4 2018 reduction was Celgene Corp, cutting an estimated $1.16B.
- Edgewood Management fully exited Brookfield Real Assets Income Fund in Q4 2018, selling an estimated $288K.
- Edgewood Management's ten largest holdings make up 56% of its $24.3B portfolio in Q4 2018.
- Edgewood Management opened 7 new positions and closed 8 in Q4 2018.
- Edgewood Management's portfolio value fell 19% quarter-over-quarter to $24.3B.
Based on Edgewood Management's 13F filing for Q4 2018, filed 13 Feb 2019.